SWIFTPre-Validation

Dear Customers,

Please be informed that the BCCBusiness app now includes a SWIFT Pre-Validation service to verify the accuracy of details when filling out a foreign currency transfer application.

With SWIFT Pre-Validation, customers can benefit from verifying the following:

• Correctness of banking details - verification of recipient’s details  – ensures all recipient information is  entered correctly.
• Authenticity of the bank account – verifying if the specified account belongs to the recipient’s bank, preventing errors in data entry.
• Recipient account status – assessment of the current state of the recipient's bank account to guarantee successful transfers.

This service helps customers save time and money by significantly reducing the likelihood of payment rejection or refund due to fewer errors.

Use the SWIFT Pre-Validation service and be confident in the reliability of your foreign currency transfers!